Ag News: Decline in U.S. Net Farm Income

**The USDA forecasts inflation-adjusted U.S. net farm income to decline $11.4 billion, 14.8 percent, from 2017 to $65.7 billion in 2018 … while inflation-adjusted U.S. net cash farm income is forecast to decline $14.6 billion, 13.8 percent, to $91.5 billion, largely due to higher production expenses.

According to agrimarketing.com, government payments are forecast to decline $2.3 billion, or 19.1 percent, but do not include payments under the Market Facilitation Program, because it’s unclear yet how many farm producers will apply.

**St. Louis commuters traveling north on I-170 or east on I-64 are passing two unusual billboards that feature a lush and leafy Peace Arch standing tall in front of the downtown skyline against a white backdrop.